Browns Summit, NC—27214
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Browns Summit, NC
As of Oct '25, the median home price in Browns Summit, NC is $301,000, with a year-over-year change of 0.5%. This indicates that home prices in Browns Summit, NC are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $301,000 | 0.5% |
| Single Family | $302,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $169,000 | 0.6% |
3 Bed | $297,000 | 1.0% |
4 Bed | $379,000 | 1.1% |
| 5 Bed | $199,000 | -2.9% |
% of Housing Stock
Rental Trends — Browns Summit, NC
As of July '25, Rentcast reports the average rent in Browns Summit, NC is $1,890, with a year-over-year rent change of 8.0%. Per bedroom, the median rent as of July '25 in Browns Summit, NC is studios: $895, 1-bedrooms: $1,100, 2-bedrooms: $1,320, 3-bedrooms: $1,820, 4-bedrooms: $2,130. The most common rental property sizes in Browns Summit, NC are 1-bedroom and 3-bedroom, accounting for 26.5% and 26.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,910 | $1,890 |
| Studio Rent | $895 | $895 |
| 1 Bed Rent | $1,100 | $1,100 |
| 2 Bed Rent | $1,300 | $1,320 |
| 3 Bed Rent | $1,860 | $1,820 |
| 4 Bed Rent | $2,080 | $2,130 |
% of Rental Stock
Property Listings — Browns Summit, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Browns Summit, NC is 59. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $532,000 | 17.0% |
Listing Count | 58 | 6.0% |
| Listings as % of Homes | 0.5% | 6.0% |
Days on Market | 59 | 15.0% |
Demographics — Browns Summit, NC
As of the latest ACS Survey released in 2023, Browns Summit, NC has a population of 14,900, which has increased by 38.6% over the past 5 years. Browns Summit, NC is a moderately popular place for families, as children make up 24.8% of the population. The area has a moderately educated workforce, with 30.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,900 | 38.6% |
% Under 18 | 24.8% | 1.6% |
% Seniors | 16.5% | 23.1% |
% WFH | 13.1% | 147.2% |
% w/ College Degree | 30.1% | 6.7% |
As of the latest ACS Survey released in 2023, Browns Summit, NC is a predominantly white area, with 55.8% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Browns Summit, NC is black, making up 34.9% of the population. Foreign-born residents account for 8.8% of the population in Browns Summit, NC, and this percentage has increased by 23.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 55.8% | -3.1% |
% Black | 34.9% | 5.1% |
% Hispanic | 6.1% | -17.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 8.8% | 23.9% |
Mortgage and Risk — Browns Summit, NC
According to HUD data as of 2023, there were 524 mortgage originations in Browns Summit, NC, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Browns Summit, NC. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 524 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Browns Summit, NC
As of 2024, the percent of homes in Browns Summit, NC under the Section 8 program is 2.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Browns Summit, NC, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 26 |
Total Units Section 8 | 26 |
% Rentals under Section 8 | 2.5% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $1,100 | $1,090 |
| 2 Bedroom | -$70 | $1,300 | $1,230 |
| 3 Bedroom | -$300 | $1,860 | $1,560 |
| 4 Bedroom | -$320 | $2,080 | $1,760 |
Affordability — Browns Summit, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $301,000 |
| Median Household Income | $78,500 |